Home loan · Variable
Bare Home Loan
6.23%comparison rate p.a. · 6.19% advertised
Variable · P&I · Owner-occupier · ≤90% LVR
11th of 91 variable owner-occupier P&I loans
Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $300
- Variable · P&I · Owner-occupier · ≤90% LVR
- 6.23% comparison · 6.19% advertised
- Variable · P&I · Investor · ≤90% LVR
- 6.53% comparison · 6.49% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $300
- Redraw fee
- None
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $50,000
- Maximum loan
- $3,000,000
- Bare Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
- Bare Home Loan2 variants up 0.258 days after the RBA rise to 4.60%+0.25All Variable · P&I · ≤90% LVR
Owner-occupier 5.98 6.23 +0.25 Investor 6.28 6.53 +0.25
Tracked since 25 September 2026. Our own corrections of a misread figure aren't shown.
loans.com.au's Bare Home Loan is a no‑frills mortgage designed for straightforward home financing, offering competitive variable rates with principal and interest repayments only. Borrow up to $3,000,000 (up to 90% LVR), make unlimited extra repayments, and access funds anytime with a convenient redraw facility - all with no ongoing fees.
Also from loans.com.au: Variable Bold Home Loan 6.33% · Fixed Bold Home Loan 6.41% · Variable Bold Bundle Home Loan 6.53%
As of 15 October 2026, the loans.com.au Bare Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.23% (6.19% advertised), ranking 11th of 91 variable owner-occupier P&I loans and sitting 0.31 points below the market average of 6.54%. The product comes in 2 variants; the other is investor. Its rate last moved on 8 October 2026, 8 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.